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LSDefine

Simple English definitions for legal terms

uncertified security

Read a random definition: no fault

A quick definition of uncertified security:

Uncertified security refers to a type of security that is not backed by any official certification. A security is something that shows ownership or creditor rights in a company or government, like stocks or bonds. However, uncertified securities do not have any official documentation to prove their ownership or value. This can make them risky to invest in, as their value is not guaranteed.

A more thorough explanation:

An uncertified security is a type of security that is not backed by any official certification. It is an investment instrument that represents ownership or creditor rights in a company or government, but without any physical certificate to prove it.

For example, if you buy stocks in a company, you may receive a physical certificate that proves your ownership. However, if you buy stocks in an uncertified security, you will not receive any physical certificate.

Another example of an uncertified security is a bond. A bond is a type of loan that a company or government issues to raise money. The bondholder is the creditor and the issuer is the debtor. The bondholder receives interest payments and the principal amount at maturity. However, an uncertified bond does not have any physical certificate to prove the ownership or creditor rights.

Overall, uncertified securities are riskier than certified securities because there is no official proof of ownership or creditor rights. Investors should be cautious when investing in uncertified securities and do their due diligence before making any investment decisions.

uncertificated security | uncia

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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